11.6.47 Question Help Use the Markdown Pricing Model spreadsheet model and a two-way data table to find the total revenue if days at full retail vary from 35 to 55 in increments of 5 and the intermediate markdown varies from 20% to 55% in increments of 5%. Click here to view the Markdown Pricing Model spreadsheet model with numbers. Click here to view the Markdown Pricing Model spreadsheet model with Excel functions. Fill in the two-way data table below. (Round to the nearest dollar as needed.) Intermediate Markdown Days at 20% 25% 30% 35% full Retail 35 $ $ $ $ 40% 45% 50% 55% $ $ $ Enter your answer in the edit fields and then click Check Answer. ? 4 parts remaining Clear All Check Answer X Markdown pricing model spreadsheet model numbers B 1 Markdown Pricing Model 2 3 Data 4 Retail Price 5 Inventory 6 Selling Season (days) 7 Days at full retail 8 Intermediate markdown 9 Clearance markdown 10 11 Sales Data $70.00 1000 55 40 30% 70% Average Daily Sales (Y) 7.00 32.20 91 - 1.2 12 Price(X) 13 $70 14 $49 15 Demand function parameters 16 Intercept 17 Slope 18 19 Model 20 21 Full Retail Sales 22 Retail price 23 Daily sales 24 Days at retail price 25 Units sold at retail 26 27 Discount Sales Discount $70.00 7.00 40 280 Retail revenue $19,600.00 20 2nol Print Done X Markdown pricing model spreadsheet model numbers 21 rul retail sales 22 Retail price $70.00 23 Daily sales 7.00 24 Days at retail price 40 25 Units sold at retail 280 26 Retail revenue $19,600.00 27 Discount Sales 28 Discount 30% 29 Discount price $49.00 30 Daily sales 32.20 31 Unit sold 483 32 Discount revenue $23,667.00 33 Clearance Sales 34 Clearance price 21.00 35 Units sold at clearance 237 Clearance 36 $4,977.00 revenue 37 38 Total revenue $48,244.00 When using this model, replace the appropriate values in cell A14 and in columns B and C with formulas. Print Done Markdown Pricing Model spreadsheet model with Excel functions X A B 1 Markdown Pricing Model 2 3 Data 4 Retail Price 70.00 5 Inventory 1000 6 Selling Season (days) 55 7 Days at full retail 401 8 Intermediate markdown 30% 9 Clearance markdown 70% 10 11 Sales Data 12 Price(X) Average Daily Sales (Y) 13 70 7.00 14 49 32.20 Demand function 15 parameters 16 Intercept=INTERCEPT(B13:B14,A13:A14) 17 Slope =SLOPE(B13:B14,A13:A14) 18 19 Model Print Done X Markdown Pricing Model spreadsheet model with Excel functions =B4 =B16+B17*B22 =B7 =B23*B24 Retail revenue =B25*B22 18 19 Model 20 21 Full Retail Sales 22 Retail price 23 Daily sales 24 Days at retail price 25 Units sold at retail 26 27 Discount Sales 28 Discount 29 Discount price 30 Daily sales 31 Unit sold 32 33 Clearance Sales 34 Clearance price 35 Units sold at clearance 36 37 38 =B8 =B22*(1-B28) =B16+B17*B29 =MIN(B30*(B6-B24),B5-B25) Discount revenue =B31*B29 =B4*(1-B9) =MAX(0,B5-B25-B31) Clearance revenue =B34*B35 Total revenue=C26+C32+C36 Print Done 11.6.47 Question Help Use the Markdown Pricing Model spreadsheet model and a two-way data table to find the total revenue if days at full retail vary from 35 to 55 in increments of 5 and the intermediate markdown varies from 20% to 55% in increments of 5%. Click here to view the Markdown Pricing Model spreadsheet model with numbers. Click here to view the Markdown Pricing Model spreadsheet model with Excel functions. Fill in the two-way data table below. (Round to the nearest dollar as needed.) Intermediate Markdown Days at 20% 25% 30% 35% full Retail 35 $ $ $ $ 40% 45% 50% 55% $ $ $ Enter your answer in the edit fields and then click Check Answer. ? 4 parts remaining Clear All Check Answer X Markdown pricing model spreadsheet model numbers B 1 Markdown Pricing Model 2 3 Data 4 Retail Price 5 Inventory 6 Selling Season (days) 7 Days at full retail 8 Intermediate markdown 9 Clearance markdown 10 11 Sales Data $70.00 1000 55 40 30% 70% Average Daily Sales (Y) 7.00 32.20 91 - 1.2 12 Price(X) 13 $70 14 $49 15 Demand function parameters 16 Intercept 17 Slope 18 19 Model 20 21 Full Retail Sales 22 Retail price 23 Daily sales 24 Days at retail price 25 Units sold at retail 26 27 Discount Sales Discount $70.00 7.00 40 280 Retail revenue $19,600.00 20 2nol Print Done X Markdown pricing model spreadsheet model numbers 21 rul retail sales 22 Retail price $70.00 23 Daily sales 7.00 24 Days at retail price 40 25 Units sold at retail 280 26 Retail revenue $19,600.00 27 Discount Sales 28 Discount 30% 29 Discount price $49.00 30 Daily sales 32.20 31 Unit sold 483 32 Discount revenue $23,667.00 33 Clearance Sales 34 Clearance price 21.00 35 Units sold at clearance 237 Clearance 36 $4,977.00 revenue 37 38 Total revenue $48,244.00 When using this model, replace the appropriate values in cell A14 and in columns B and C with formulas. Print Done Markdown Pricing Model spreadsheet model with Excel functions X A B 1 Markdown Pricing Model 2 3 Data 4 Retail Price 70.00 5 Inventory 1000 6 Selling Season (days) 55 7 Days at full retail 401 8 Intermediate markdown 30% 9 Clearance markdown 70% 10 11 Sales Data 12 Price(X) Average Daily Sales (Y) 13 70 7.00 14 49 32.20 Demand function 15 parameters 16 Intercept=INTERCEPT(B13:B14,A13:A14) 17 Slope =SLOPE(B13:B14,A13:A14) 18 19 Model Print Done X Markdown Pricing Model spreadsheet model with Excel functions =B4 =B16+B17*B22 =B7 =B23*B24 Retail revenue =B25*B22 18 19 Model 20 21 Full Retail Sales 22 Retail price 23 Daily sales 24 Days at retail price 25 Units sold at retail 26 27 Discount Sales 28 Discount 29 Discount price 30 Daily sales 31 Unit sold 32 33 Clearance Sales 34 Clearance price 35 Units sold at clearance 36 37 38 =B8 =B22*(1-B28) =B16+B17*B29 =MIN(B30*(B6-B24),B5-B25) Discount revenue =B31*B29 =B4*(1-B9) =MAX(0,B5-B25-B31) Clearance revenue =B34*B35 Total revenue=C26+C32+C36 Print Done